LATEST COVID-19 CORONAVIRUS NEWS

Promise Money cuts second charge packaging fees

Promise Money has reduced its second charge packaging rates in move designed to help...

Accord restarts lending to first-time landlords

Accord Buy To Let is now accepting applications from first-time landlords up to a...

Slice of luck as cheese firm secures £1.5m CLBILS loan

Secure Trust Bank Commercial Finance has provided Bradburys Cheese with a £1.5m loan from...

Shawbrook’s latest results show Covid impact

Shawbrook Bank's pre-tax profit for the fist six- months of 2020 totalled £5.9 million,...

Brokers vital to SME recovery

Finance brokers will play a key role to play in helping small and medium-sized...

Second charge recovery remains slow

The Finance & Leasing Association (FLA) has reported that second charge mortgage new business...

Asset finance market down 41% in June

Latest figures from the Finance & Leasing Association (FLA) show that total asset finance...

MPC maintains Bank Rate and issues unemployment warning

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the Bank...

Mortgage Brain: product numbers remain a concern

Mortgage Brain saw more ESIS generated through its sourcing systems in July than any...

Lockdown and stamp duty move making homeowners think about change

80% of homeowners who have thought about moving home since lockdown began, say they...

UTB Mortgages launches WebChat

United Trust Bank (UTB) made another set of mortgage product, criteria and technology enhancements...

Overseas property buyers tempted by stamp duty changes

There has been a notable increase in mortgage searches by advisers around ‘visas’ and...

Covid-19: rise in financial gifting sentiment

More people wanting to help younger family members financially following the coronavirus crisis. The survey...

Mortgage broker protection sales worst hit by Covid

iPipeline has published statistics for new protection business processed through its platforms in Q2...
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COMMENT

Commonhold and Leasehold Reform

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

marketing

Zoopla signs Manchester Super Giants shirt deal

Zoopla has become the first official front-of-shirt partner of Manchester Super Giants for the...
PropTech

Southwest Knotweed launches identification app

Southwest Knotweed Group has launched an app designed to help mortgage and property professionals...
Technology

Broker Conveyancing launches referral hub for advisers

Broker Conveyancing has launched a referral platform intended to make it quicker for mortgage...
Protection

House price rise puts mortgage resilience in sharper focus

Homebuyers should consider how they would meet mortgage payments if illness or injury affected...

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